Parker davis project post 2008 remarketing existing contract amendment
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Parker-Davis Project Post-2008 Remarketing Existing Contract Amendment. Western Area Power Administration Desert Southwest Region. Purpose of Today’s Meeting.

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Parker-Davis Project Post-2008 Remarketing Existing Contract Amendment

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Parker davis project post 2008 remarketing existing contract amendment

Parker-Davis Project Post-2008 Remarketing Existing Contract Amendment

Western Area Power Administration

Desert Southwest Region


Purpose of today s meeting

Purpose of Today’s Meeting

To review and discuss the Parker-Davis Project draft contract amendments to implement decisions contained in the Federal Register Notice (68 FR 23709) published May 5, 2003, which became effective June 6, 2003


Agenda

Agenda

  • Contract Amendment Process/Timeline

  • Parker-Davis Project Re-marketing Current Status

  • Contract Extension Amendment

  • Contract Amendment Process/Timeline

  • Comments and discussion


Parker davis project post 2008 remarketing existing contract amendment

Contract Amendment Process/Timeline

10/1/2003: Meeting with current P-DP Contractors

10/6/2003: Draft Contract Amendments mailed out

11/10/2003: Written Comments due 30-days after Receipt

Next Steps depend on Comments received

Western available for individual and group meetings upon request

When appropriate, executable Amendments will be mailed out for signature and return within 30 days of mailing


Parker davis project post 2008 remarketing current status

Parker-Davis Project Post-2008 Remarketing: Current Status

Notice of Decision Federal Register Notice (68 FR 23709) published May 5, 2003 (became effective June 6, 2003):

Application of Energy Planning and Management Program (EPAMP) Power Marketing Initiative (PMI) to the Parker-Davis Project (P-DP)

Post-2008 final allocations for existing P-DP contractors

20-year Contract Extension for existing P-DP Firm Electric Service (FES) contractors beyond October 1, 2008

Advance Funding to pay for Western and Bureau of Reclamation costs


Preamble

Preamble

  • Added reference to statutory authority for advance funding:

    • Contributed Funds Act

    • Interior Department Appropriations Act for 1928

    • Economy Act


Term of contract original contract term extended to september 30 2028

Term of Contract

Original Contract term extended to September 30, 2028


Parker davis project post 2008 remarketing existing contract amendment

Withdrawable and NonWithdrawable Firm Electric Service

Seasonal Contract Rate Of Delivery (CROD) and Seasonal Energy moved from body of contract to Exhibit A


Charge for use of non parker davis project facilities added to section 5 4

Charge for Use of Non Parker-Davis Project Facilities (Added to Section 5.4)

  • Contractor shall pay a monthly charge to Western for capacity reserved in facilities necessary to deliver electric service beyond the P-DP point(s) of delivery

  • Western may waive the monthly charge

  • Examples: Mead and Liberty


Parker davis project post 2008 remarketing existing contract amendment

Advance Funding

Added as a requirement in May 5, 2003 Federal Register Notice (68 FR 23709)

Contractors required to advance fund to pay for Western and Reclamation costs associated with P-DP electric service, as determined by the Rates Process

Contractors shall pay no more through advance funding than they otherwise would pay through rates


Parker davis project post 2008 remarketing existing contract amendment

Integrated Resource Plans (IRP) and Small Customer Plans

Conservation and Renewable Energy deleted

Integrated Resource Plans and Small Customer Plans inserted

Revised EPAMP final rule regarding IRP requirements

(65 FR 16789), dated March 30, 2000


Fuel replacement energy service deleted from contract since it is no longer applicable

Fuel Replacement Energy Service

Deleted from contract since it is no longer applicable


Exhibits made a part of contract

Exhibits Made a Part of Contract

  • Exhibit A, current Monthly Delivery Obligations remain in effect thru September 30, 2008

  • Preliminary Exhibit A-1 with post October 1, 2008 CROD & Seasonal Energy becomes effective October 1, 2008


Parker davis project post 2008 remarketing existing contract amendment

General Power Contracting Provisions (GPCP’s)

Adds revised GPCPs that are current at the time of contract execution

Current GPCPs dated July 10, 1998 are being revised:

-Transfer of Interest language


Replacement advances reconciliation surcharge

Replacement Advances Reconciliation Surcharge

Advancement of Funds for P-DP Generation,(Contract No. 98-DSR-10870) requires Western to establish an enforceable obligation to collect a surcharge to pay for undepreciated replacement advances

Contractors with new P-DP allocations or an increased entitlement to receive electric service shall pay …. over a period of up to 5 years

If the Contractor fails or refuses to pay …the new P-DP allocation or increased entitlement to receive electric service shall be withdrawn with 60-day advance written notice


Parker davis project post 2008 remarketing existing contract amendment

Excess Energy

Defines P-DP electric services associated with Excess Energy:

Excess Energy

Excess Energy Banking

Firming Energy


Term of contract amendment

Becomes effective upon execution

Term of Contract Amendment


Original contract

Original Contract

  • Remains in full force and effect

  • Amendment 1 subject to all provision of the Original Contract


Exhibits

Exhibits

  • Exhibit A --- Current Monthly Delivery Obligations

  • Exhibit A-1 ---Monthly Delivery Obligations effective October 1, 2008

  • Exhibit C & D --- Charge for use of facilities


Contract amendment process timeline

Contract Amendment Process/Timeline

  • 10/1/2003: Meeting with current P-DP Contractors

  • 10/6/2003: Draft Contract Amendments mailed out

  • 11/10/2003: Written Comments due 30-days after Receipt

  • Next Steps depend on Comments received

  • Western available for individual and group meetings upon request

  • When appropriate, executable Amendments will be mailed out for signature and return within 30 days of mailing


Comments discussion

Comments & Discussion


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